Ensign Peak Advisors Inc Decreases Stock Holdings in Shake Shack, Inc. $SHAK

Ensign Peak Advisors Inc lowered its stake in Shake Shack, Inc. (NYSE:SHAK) by 33.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 19,756 shares of the company’s stock after selling 9,977 shares during the period. Ensign Peak Advisors Inc’s holdings in Shake Shack were worth $2,778,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Summit Financial LLC boosted its stake in shares of Shake Shack by 0.7% in the 1st quarter. Summit Financial LLC now owns 13,180 shares of the company’s stock worth $1,162,000 after buying an additional 97 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in Shake Shack by 0.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 13,512 shares of the company’s stock valued at $1,900,000 after acquiring an additional 106 shares during the period. Keybank National Association OH boosted its position in Shake Shack by 1.8% in the second quarter. Keybank National Association OH now owns 6,079 shares of the company’s stock worth $855,000 after purchasing an additional 106 shares during the last quarter. Redwood Investments LLC grew its stake in shares of Shake Shack by 0.5% during the 1st quarter. Redwood Investments LLC now owns 23,231 shares of the company’s stock valued at $2,048,000 after purchasing an additional 110 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Shake Shack by 1.3% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,367 shares of the company’s stock valued at $914,000 after purchasing an additional 133 shares during the last quarter. Institutional investors own 86.07% of the company’s stock.

Analyst Upgrades and Downgrades

SHAK has been the topic of a number of research reports. TD Cowen raised their price objective on shares of Shake Shack from $105.00 to $110.00 and gave the stock a “hold” rating in a report on Thursday, July 31st. UBS Group dropped their price target on shares of Shake Shack from $140.00 to $104.00 and set a “neutral” rating on the stock in a research note on Thursday, October 23rd. The Goldman Sachs Group reduced their price objective on Shake Shack from $160.00 to $137.00 and set a “buy” rating for the company in a research note on Tuesday, September 30th. Mizuho raised Shake Shack to a “hold” rating in a report on Tuesday, October 28th. Finally, Oppenheimer set a $145.00 price target on Shake Shack in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Shake Shack currently has an average rating of “Hold” and an average price target of $120.52.

Shake Shack Stock Up 1.8%

SHAK opened at $88.59 on Thursday. The stock has a market cap of $3.78 billion, a price-to-earnings ratio of 86.85, a price-to-earnings-growth ratio of 2.26 and a beta of 1.69. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.81 and a current ratio of 1.84. The firm’s fifty day moving average is $92.28 and its 200 day moving average is $110.97. Shake Shack, Inc. has a fifty-two week low of $72.93 and a fifty-two week high of $144.65.

Shake Shack (NYSE:SHAK) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.05. The business had revenue of $367.41 million for the quarter, compared to analysts’ expectations of $363.69 million. Shake Shack had a return on equity of 10.43% and a net margin of 3.10%.The business’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period last year, the firm earned $0.25 earnings per share. Shake Shack has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts forecast that Shake Shack, Inc. will post 1.26 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Stephanie Ann Sentell sold 1,100 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $85.14, for a total value of $93,654.00. Following the transaction, the insider directly owned 9,907 shares of the company’s stock, valued at approximately $843,481.98. The trade was a 9.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 8.50% of the company’s stock.

About Shake Shack

Shake Shack Inc owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is headquartered in New York, New York.